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Asian stocks slump after Fed says US rates will rise ‘soon’

By The Associated Press - | Jan 27, 2022

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Thursday, Jan. 27, 2022. Asian stock markets tumbled by unusually wide margins Thursday after the Federal Reserve indicated it plans to start raising interest rates soon to cool inflation. (AP Photo/Kin Cheung)

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